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    Semicon boom expected to power up 100k jobs in three years

    India's semiconductor ecosystem is anticipated to generate significant employment opportunities, enhancing the existing workforce substantially. Experts estimate that the workforce will grow from 25,000 to over 100,000 jobs in three years. Companies aim to recruit for high-value roles in engineering and design, reflecting a shift in hiring focus. The current demand for specialized skills is creating a talent shortage within the industry.

    ‘I’m a piece of sh--’: Jensen Huang’s last hours as Nvidia CEO

    For the decades he spent building Nvidia into a multitrillion-dollar AI chip behemoth, Huang was famous for his attention to the tiniest of details, from chip architecture to the compensation packages of even the most junior employees at the company. Now, in the eyes of the people in the room, he had given up.

    BrahMos exports: Deals with Philippines, Vietnam and Indonesia; other nations interested, says CEO

    BrahMos Aerospace has delivered advanced supersonic cruise missiles to the Philippines, while also formalizing a partnership with Vietnam. Interest from other Southeast Asian nations is burgeoning, with talks progressing diligently. The integrity of these missile systems is affirmed through non-destructive testing, crucial for operational readiness. Major upcoming conferences like NDE 2026 and AeroNDT 2026 will draw over 2,000 experts, paving the way for fruitful business ventures and innovative tech exchanges.

    Quick commerce emerges beyond Diwali shopping panic to breathe on the necks of e-commerce giants

    Quick-commerce platforms in India are increasingly including fashion, beauty, and gifting items for Diwali shopping. Myntra and Amazon are experiencing significant growth in orders and customer engagement during the festive season. Quick-commerce is projected to account for a larger share of online retail, boosting convenience for consumers. The demand for immediate shopping solutions is prompting a shift in purchasing behaviours.

    Lenskart, Nykaa, PhysicsWallah see Q2 profits surge

    New-age companies Nykaa, Lenskart, and PhysicsWallah reported strong numbers for the September quarter. This and more in today’s ETtech Top 5.

    Canva may announce another round of layoffs in November, report claims; hiring freeze also possible

    Canva appears to be bracing for possible layoffs or a hiring freeze after recently downsizing their team by cutting 32 employees from the technical content department. Although user growth surged in 2025, the company has drastically revised its revenue forecasts for 2026. CEO Melanie Perkins noted that projections have not met earlier expectations but underscored their commitment to an AI-driven strategy.

    • Mold-Tek Packaging shares surge 17% as Q2 FY 27 profit jumps 35% YoY to Rs 21 crore

      Mold-Tek Packaging shares surged nearly 17% after the company reported a 35.5% YoY rise in Q2 FY27 net profit and 30.5% revenue growth. Strong pharma and FMCG packaging volumes supported performance, while new product launches and expansion plans strengthened its growth outlook.

      MCD to hire 1,066 staff for mosquito control; clears Rs 923.6 crore for road-sweeping project

      The Municipal Corporation of Delhi has authorized the hiring of 1,066 contractual staff to enhance efforts against mosquito-borne diseases, alongside approving a Rs 923.6-crore project for 70 mechanical road-sweeping machines. This recruitment targets roles crucial for monitoring and controlling diseases, while the sweeping machines aim to reduce pollution and improve road cleanliness.

      Tata Consumer spills the tea on its whole new growth recipe

      Tata Consumer Products reported a better-than-expected second-quarter net profit of ₹469 crore, up from ₹404 crore a year earlier, driven by steady demand for packaged foods and beverages. The company is expanding beyond tea and salt, with its growth businesses now contributing 38% of India revenue, up from 32% last year.

      HCLTech, Japan's Rapidus announce partnership for next generation semiconductor technologies

      Indian IT services company HCLTech and Japan's Rapidus Corporation have announced a partnership for next-generation semiconductor technologies, with two dedicated development centres inaugurated in Bengaluru and Hubli to support the Japanese chipmaker's semiconductor engineering requirements.

      FMCG stocks lost their tag of defensive stocks, will they get it back? 7 FMCG stocks with an upside potential of up to 32%

      Those who have been following the market for long know this: When there is nervousness on the street, money instinctively moves towards a particular sector. That is the one with companies that sell soaps, biscuits, tea – all the everyday things that people buy whether the news is good or bad. Yes, we are talking about the FMCG sector.

      AI crowds out fresh grads at Wall Street tech hubs in India

      The landscape of entry-level employment for Indian graduates is shifting dramatically due to advancements in AI. As machines tackle more mundane tasks, the demand for conventional positions dwindles. This reality compels new graduates to acquire advanced skills for job acquisition. In response, universities are incorporating AI-focused programs to better equip students.

      Snapdragon X2 Plus puts AI at the heart of Lenovo’s new Yoga Slim 7x

      Qualcomm’s mainstream AI silicon meets Lenovo’s flagship thin-and-light design and Microsoft’s Copilot+ PC software, sharpening the case for Arm-based Windows PCs. The result is a slick, smart, and savvy Lenovo Yoga Slim 7x.

      Tesla is browbeating the EU to approve its 'Full Self-Driving' tech. The pressure is working

      Tesla is involved in a campaign to secure EU approval for its Full Self-Driving technology. The automaker faces criticism regarding the validity of its safety research and claims. European regulators are examining the methodology behind Tesla's assertions of crash reduction performance. Tesla officials have engaged in discussions with various regulators to alleviate concerns over the technology. The outcome of this push could significantly impact Tesla's market presence in Europe.

      It’s safety first for gas suppliers at Semicon Inc

      Suppliers want detailed guidelines from the Petroleum and Explosives Safety Organisation (PESO), without which they believe commercial hubs face heightened risk of leaks, fires and process disruption.

      Semiconductor push, govt support driving EMS sector's growth, but valuation remains a concern: How 3 stocks with most buy calls are placed

      Investor enthusiasm around the sector is visible in the performance of nine EMS stocks covered by multiple brokerages. The group has delivered an equal weighted average return of 55.3% so far in 2026, compared with 1.1% for the Nifty 500 Equal Weighted Index. Seven of the nine stocks have delivered posi tive returns, while three have gained over 100%. The analysis is based on closing prices as of 28 September 2026.

      Dodging SaaSocalypse: AI’s enterprise moment could belong to IT services

      ITC Infotech's merger with Happiest Minds highlights the trend of mid-market consolidation in response to AI advancements. The global IT market faces challenges, requiring companies to adopt AI-centric capabilities for survival. Enterprises are burdened with legacy systems, which present both challenges and opportunities for funding technological transformations. Companies will need to adapt to the evolving landscape by integrating AI into existing frameworks effectively.

      The curious case of hiring a Chief AI Officer

      FOMO, board pressure or an actual need to hire a CAIO? The jury is still out on one of the most sought-after roles since the emergence of AI.

      Piyush Goyal to headline ET Startup Awards; The Souled Store eyes fundraise

      Happy Tuesday! Meet our distinguished guest of honour for The Economic Times Startup Awards 2026. This and more in today’s ETtech Morning Dispatch.

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